$384,000
SOLD OCT 31, 2024

76 Spruce St Norwich, CT 06360

Central Norwich Neighborhood
75.6 Acres
$5,079 Price per Acre
3,293,136 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

23% Below List Price

78 Days on Market

About This Lot

As of October 2024

75.6 Acres of Land for Sale in Connecticut overlooking 3 Rivers. This Property has Mature Trees, Paved Road Access, Power, Internet, Water, Sewer & Natural Gas Lines in multiple locations along the Property. The Property is located in City of Norwich, CT, which has a population of 40,000. The 3 Rivers that converge near the Property are the Shetucket, the Yantic and the Thames. The Thanes River will take you South to Long Island Sound, which is 15 miles from the Property along the Thames River. From Long Island Sound you may enter the Atlantic Ocean. Parcel Size: 75.6 Acres M/L LANDIO Property ID: CT_New-London_00002 Elevation: 40 - 240 feet Title: Free & Clear Conveyance: Warranty Deed

Last Agent to Sell the Property

Alexander Botchis

Real Broker CT, LLC License #RES.0826144 Listed on: 06/13/2024

Real Broker CT, LLC

Last Buyer's Agent

Joscelyn McPherson

Priority Real Estate Group,LLC License #RES.0809214

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,665

Lot Details

  • 75.6 Acre Lot
  • The property's road front is unimproved
  • Property is zoned R40/R20

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2636601

Property Details

Property Type

Land

Est. Annual Taxes

$9,665

Lot Details

0

Listing Details

  • Neighborhood: Laurel Hill
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Take Exit 9 off 395 N - Follow 2A to Light - Take left and follow RD straight to Laurel Hill Rd - Follow Laurel Hill Rd until you reach Winchester RD - Turn Right and follow to Spruce St - Turn Right - Property will be on the Left
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Street Number Modifier: 76

Exterior Features

  • Waterfront Description: Access
  • Road Frontage Description: Paved Road, Unimproved Road
  • Road Frontage Approximate: 800

Utilities

  • Water Source: Other
  • Sewer: Public Sewer In Street
  • Utilities Available: Cable Available, Electric Available, Gas Available, Phone Available

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 75.6
  • Lot Description: Lightly Wooded Treed
  • Lot Improvements: None
  • Lots Number Of: 1
  • Zoning: R40/R20
  • Parcel #: 2636601

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 9665
  • Total Assessed Value: 253000
  • Mil Rate Total: 38.2

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Oct 29, 2024
Sold by
Lemarco Development Llc
Bought by
Shamsis Farm Llc
Seller's Agent
Alexander Botchis
Real Broker CT, LLC
Buyer's Agent
Joscelyn McPherson
Priority Real Estate Group,LLC
List Price
$500,000
Sold Price
$384,000
Premium/Discount to List
-$116,000
-23.2%
Views
34
Current Estimated Value
$410,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,601
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Nov 6, 2023
Sold by
Proverbs Real Estate Llc
Bought by
Lemarco Development Llc

Purchase Details

Closed on
Jul 6, 2023
Sold by
Cabral Linda
Bought by
Proverbs Real Estate Llc

Purchase Details

Closed on
Sep 16, 2005
Sold by
Tetreault Alfred
Bought by
Cabral Linda and Duff Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,726
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Mcnaughton Michael D and Mcnaughton Lena E
Bought by
Tetreault Alfred G
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $384,000 None Available
Warranty Deed $384,000 None Available
Warranty Deed $384,000 None Available
Warranty Deed $350,000 None Available
Warranty Deed $350,000 None Available
Warranty Deed $350,000 None Available
Warranty Deed $99,900 None Available
Warranty Deed $99,900 None Available
Warranty Deed $99,900 None Available
Warranty Deed $250,000 --
Warranty Deed $250,000 --
Warranty Deed $215,000 --
Warranty Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 No Value Available
Previous Owner $47,726 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $384,000 -14.7% $130 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $450,000 -10.0% $153 / Sq Ft
06/14/2024 06/14/24 For Sale $500,000 -- $170 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,239 $253,000 $253,000 $0
2024 $9,665 $253,000 $253,000 $0
2023 $2,393 $49,200 $49,200 $0
2022 $2,385 $49,200 $49,200 $0
2021 $2,393 $49,200 $49,200 $0
2020 $2,385 $49,200 $49,200 $0
2019 $2,361 $49,200 $49,200 $0
2018 $2,061 $42,600 $42,600 $0
2017 $2,076 $42,600 $42,600 $0
2016 $6,157 $125,500 $28,400 $97,100
2015 $6,032 $125,500 $28,400 $97,100
2014 $5,764 $125,500 $28,400 $97,100
Source: Public Records

Agents Affiliated with this Home

  • Alexander Botchis

    Seller's Agent in 2024

    Alexander Botchis

    Real Broker CT, LLC

    (203) 715-0597

    5 in this area

    8 Total Sales

    Alexander Botchis
    Section Image
  • Joscelyn McPherson

    Buyer's Agent in 2024

    Joscelyn McPherson

    Priority Real Estate Group,LLC

    (860) 861-8265

    4 in this area

    31 Total Sales

    Joscelyn McPherson
    Section Image
  • Cynthia Cingranelli-Tagliaferri

    Buyer Co-Listing Agent in 2024

    Cynthia Cingranelli-Tagliaferri

    Priority Real Estate Group,LLC

    (860) 710-5729

    16 in this area

    139 Total Sales

    Cynthia Cingranelli-Tagliaferri
    Section Image
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Map

Source: SmartMLS

MLS Number: 24025315

SmartMLS

APN: NORW-000118-000003-000004

Connecticut New London County Norwich 06360 Central Norwich

76 Spruce St, Norwich, CT

This home is located at 76 Spruce St, Norwich, CT 06360 and is currently priced at $384,000, approximately $130 per square foot. 76 Spruce St is a home located in New London County with nearby schools including Veterans' Memorial Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter School.

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